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Document A31®TM .2010 <br />Conforms with The American Institute of Architects AIA Document 310 <br />CONTRACTOR: <br />(Name, legal status and address) <br />Siemens Industry Inc. <br />2250 Business Way <br />Riverside, CA 92501 <br />OWNER: <br />(Name, legal status and address) <br />City of Santa Ana <br />20 Civic Center Plaza <br />Santa Ana, CA 92701 <br />Bond Number: 79434433-CHU-15-22 <br />SURETY: <br />(Name, legal status and principal place of business) <br />Federal Insurance Company <br />15 Mountain View Rd. <br />Warren, NJ 07061-1615 <br />State of Inc: Indiana <br />BOND AMOUNT: Ten Percent of Amount Bid (10%) <br />This document has important legal <br />consequences. Consultation with <br />an attorney is encouraged with <br />respect to its completion or <br />modification. <br />Any singular reference to <br />Contractor, Surety, Owner or <br />other party shall be considered <br />plural where applicable. <br />PROJECT: <br />(Name, location or address, and Project number, ff any) <br />Pedestrian Countdown Heads and Push Buttons Replacement of Countdown Pedestrian Heads and PPB's City Wide <br />The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the <br />Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and <br />severally, as provided herein. The conditions of this Bond are such that if the Owner accepts the bid of the Contractor <br />within the time specified in the bid documents, or within such time period as may be agreed to by the Owner and <br />Contractor, and the Contractor either (1) enters into a contract with the Owner in accordance with the terms of such bid, <br />and gives such bond or bonds as may be specified in the bidding or Contract Documents, with a surety admitted in the <br />jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance of such Contract and for <br />the prompt payment of labor and material furnished in the prosecution thereof; or (2) pays to the Owner the difference, <br />not to exceed the amount of this Bond, between the amount specified in said bid and such larger amount for which the <br />Owner may in good faith contract with another party to perform the work covered by said bid, then this obligation shall <br />be null and void, otherwise to remain in full force and effect. The Surety hereby waives any notice of an agreement <br />between the Owner and Contractor to extend the time in which the Owner may accept the bid. Waiver of notice by the <br />Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time for acceptance of bids <br />specified in the bid documents, and the Owner and Contractor shall obtain the Surety's consent for an extension beyond <br />sixty (60) days. <br />If this Bond is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this <br />deemed to be Subcontractor and the term Owner shall be deemed to be Contractor. -t <br />When this Bond has been furnished to comply with a statutory or other legal requirement in the tocat� <br />any provision in this Bond conflicting with said statutory or legal requirement shall be deemed del <br />provisions conforming to such statutory or other legal requirement shall be deemed incorporated 15 <br />furnished, the intent is that this Bond shall be construed as a statutory bond and not as a common Is <br />, <br />Signed and sealed this 01st eror Decem e , 2015 <br />Siemens <br />(Principal) <br />(Witness - <br />5"Al <br />Federal Insurance Com ani_ -____i <br />��(�l/�`. (Suret (Seal) <br />(WitneSS) Nan y L. Johnson <br />(Title) Sandra L. Ham, Attorney -In -Fact <br />